The Lavasa hill station project of Hindustan Construction Company (HCC) is set for a private equity injection, according to people in the know. Details of the investor or the quantum of investment could not be ascertained. However, a source said a group of investors were taken for a site visit to Lavasa over a week ago and the placement is expected by June. HCC officials refused to comment on the private equity infusion. However, they said a likely reason for private equity interest may be that work on the Lavasa project was running one year ahead of schedule at a time most other real estate companies were deferring their developments. […]